Seattle DOT Considers Congestion Pricing
Seattle has become the latest metropolitan area to consider the possibility of congestion pricing to mitigate traffic.
June 3, 2019House Funding Leaders Take Up Trucking Policy in Fiscal 2020 Transportation Bill
A fiscal 2020 transportation measure packed with trucking provisions is on the June 4 meeting agenda of the Democratic-led committee in the U.S. House of Representatives responsible for funding decisions. Here's your Capitol Agenda look ahead at the week for trucking on Capitol Hill.
June 3, 2019Factories Feel Trade War Pain as Wall Street Sees Recession Risk
The latest signs of factory weakness — in countries including South Korea, Germany and Japan — underscore the growing threat to the world economy posed by the escalating U.S.-China trade war. The reports came amid a fresh warning from Wall Street about recession risks.
June 3, 2019Grain Farmers Besieged by Trade Threats, Unrelenting Rain
There has never been a spring planting season like this one. Rivers topped their banks. Levees were breached. Fields filled with water and mud. And it kept raining.
June 3, 2019FedEx Shares Slide as China Opens Probe Over Huawei Deliveries
FedEx Corp. shares dropped as investors assessed the impact of a Chinese probe that puts the delivery company in the middle of an escalating trade conflict with the U.S.
June 3, 2019Air Cargo Carriers Caught in Crossfire of US-China Trade War
President Donald Trump’s intensifying trade war with China dented air cargo traffic even before FedEx Corp. got dragged into the brawl, as companies worldwide reconfigure their supply chains in the face of increasing tariffs.
June 3, 2019Trucking Industry Leaders React Cautiously to Trump Mexican Tariff Plan
Economists and transportation experts warned that if tariffs against Mexico are enacted, consumers over several months would see price increases at grocery stores — especially on fruits and vegetables imported from Mexico — and suppliers would source those items from other countries.
June 3, 2019Trump Tariff on Mexican Oil Could Hit Gulf Refiners
U.S. oil refiners could get hit if crude is included in President Donald Trump’s threatened 5% tariff on Mexican goods, although the effect may be tempered by their growing fuel exports.
May 31, 2019DOT Provides $500,000 for Vermont’s Flood-Damaged Areas
The U.S. Department of Transportation announced May 28 the Vermont Agency of Transportation will receive $500,000 in federal funds to assist with repairs to flood-damaged freight and commuter corridors.
May 31, 2019Oil Industry Poised to Attack as EPA Boosts Ethanol in Fuels
Oil industry foes are preparing to go to court to fight the Environmental Protection Agency regulation issued May 31 that allows year-round sales of higher-ethanol E15 gasoline nationwide.
May 31, 2019